Continuing the negative trend, India witnessed 70.86 per cent decline in its cotton yarn export during September on Y-o-Y basis. The official Commerce Ministry’s data and Apparel Resources’ analysis further showed that cotton yarn exports have shrunk to US $ 129.28 million in September ’22 from US $ 442.80 million a year ago. Cumulatively, in April-September […]

NAGPUR – Solidaridad Asia and the Centre for Responsible Business (CRB) will this week launch the Regenagri Cotton Alliance (rCA) as it looks to ensure the long-term prosperity of more than half a million smallholder farmers. The alliance – which will be launched at a ceremony tomorrow – will support Indian cotton farmers by helping

North India’s cotton yarn trade was not getting support from any direction. Poor demand from both the domestic weaving industry and the export market forced spinners and stockists to reduce cotton yarn prices in the Delhi market by ₹10 per kg per kg. However, Ludhiana market noted steady trend. Panipat market recorded stable prices of

South India’s cotton yarn prices decreased today as demand from end users remained poor. Buyers in the entire textile value chain were cautious amid global slowdown and yarn imports from China. Tiruppur market noted a fall of ₹5-7 per kg in carded yarn as Tamil Nadu-based small spinners were under stress. Mumbai also noted a

As farmers are delaying sales of their harvest hoping for higher prices in coming months, Indian traders are struggling to export cotton despite higher production. Indian traders so far in the new season have contracted 70,000 bales for exports, significantly lower than more than 500,000 bales contracted during the same period a year ago, said

MUMBAI, Nov 23 (Reuters) – Indian traders are struggling to export cotton despite higher production as farmers are delaying sale of their harvest hoping for higher prices in coming months, industry officials told Reuters. The limited supplies are keeping local prices significantly above the global benchmark , making overseas sales unviable from the world’s biggest

Tamil Nadu fast tracked its efforts to increase cotton production to ease the burden of the industry for sourcing the natural fibre from other states. Non-availability of cotton locally is the weakest link of Tamil Nadu’s textile industry. The state government has planned to increase cotton production from 5 lakh bales of 170 kg to

South India’s cotton yarn prices remained stable today despite a fall in the prices of the natural fibre. According to trade sources, demand was not supportive, and regular but limited buying was unable to support market sentiments. Fearing losses, buyers were discouraged after cotton prices fell. Disparity and unstable market conditions are the main causes

Cotton exports this year may fall short of the 40 lakh bales estimated recently by the Committee on Cotton Production and Consumption, traders said. According to Rakesh Rathi, former president of Indian Cotton Association (ICAL), Bathinda, export enquiries are poor as Indian cotton is more expensive by 10 cents a pound compared with world cotton

North India’s cotton yarn is facing low demand today due to a lack of buying from end consumers. However, yarn prices strengthened in Ludhiana as selling by mills was muted. The prices were stable in Delhi as well as in the recycled yarn market of Panipat. Cotton prices continued to ease as arrival increased, which